As Of Nov, More Than 1.5 Mil PTPTN Loan Defaulters Listed In CCRIS

KUALA LUMPUR: A total of 1,574,700 borrowers who failed to pay off their study loans from the National Higher Education Fund Corporation (PTPTN) have been listed in the Central Credit Reference Information System (CCRIS) as of 10 November, Bernama reports. Deputy Higher Education Minister, Datuk Dr. Mary Yap Kain Ching said today that the overall amount of the loans unpaid stood at RM32.07 billion. Dr Yap said CCRIS is not a mechanism used by PTPTN to blacklist loan defaulters as claimed by some quarters, stressing that PTPTN had issued loans…

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Over 1.5 million education loan defaulters listed in CCRIS

KUALA LUMPUR: A total of 1,574,700 borrowers, who failed to repay their National Higher Education Fund Corporation (PTPTN) loans totalling RM32.07bil, have been listed in the Central Credit Reference Information System (CCRIS) as of Nov 10. Deputy Higher Education Minister Datuk Dr Mary Yap Kain Ching said CCRIS was not a mechanism for PTPTN to blacklist the hardcore borrowers as claimed by certain quarters. “The record in the CCRIS serves as the best practice for all financial institutions to ensure that the borrowers repay (their) loans accordingly,” she said at…

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